LogFAQs > #909997654

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Topic	~Character Battle X Spread Betting~ (Sugesstions/Interest guage)
MZero11 10/05/18 9:16:15 AM #1:	I'm bringing it back! Unless someone else was already planning to in which case I will back off. Anyway this was one of my favorite games back in the day and I always wanted to run it, and since I haven't seen it the last few contests I decided to take matters into my own hands. You can signup now or anytime during the contest. Regardless, you will be given $1000 to bet on matches as you see fit. If at any time you fall below $1000, you can bet up to $1000 but beware you can enter the negatives. The user with the most money at the end will be crowned the winner and receive a game of their choice (within reason) courtesy of your host (unless I win, then the prize will go to the runner-up). Basically this works like sports betting with spreads, if you're familiar with that. Here's an example line: Dante (-40) vs Cuphead If you bet on Dante, he would have to beat Cuphead by 40%, meaning he'd have to get at least 70% of the vote (70-30 = 40). If you bet on Cuphead (+40) he needs to score at least 30.01% of the vote (69.99 - 30.01 = 39.98) to keep the difference in percentage, or spread, within 40. So someone with $1000 bets $500 on Dante Dante 73.12% Cuphead 26.88% Dante covers! The bet is doubled and returned for a profit of $500 and the player is now at $1500 ALTERNATE UNIVERSE Dante 63.1% Cuphead 36.9% Cuphead covers! All Dante bets are lost and said player is now at $500. Even though Dante won, he didn't win by enough. New for this contest is 4-match days, so I want to introduce a parlay! For those unfamiliar, you can earn more by combining your bets, but if one is wrong you lose the whole thing. So let's say Dante (-40) vs Cuphead Chloe (+20) vs Lightning If you bet $100 on each of these and win, you double both bets for a total of $400 (for a profit of $200) however if you parlay and both win you will get x3.5. So you win $350 minus the original bet of $100 for a profit of $250. However, if either match is wrong you lose the entire bet. 3 and 4 match parlays will give higher payouts, but you risk losing it all if any match in the parlay is wrong. You can choose any combination of parlays and single bets you want. I'm open to suggestions about this. I will use all sources available to set the lines (x-stats, oracle, crew analysis, etc.) but if anyone wants to help with that I'd appreciate it! I think that's about it but if I forgot anything feel free to ask or chime in. Hope we can get a lot of participants! --- MZero, to the extreme "2017 Guru champ BKSheikah is racist against cute Pokemon." - Luster <cite>MZero11 posted [p:909997654] in ~Character... [t:77069575]...</cite> <quote>I'm bringing it back! Unless someone else was already planning to in which case I will back off. Anyway this was one of my favorite games back in the day and I always wanted to run it, and since I haven't seen it the last few contests I decided to take matters into my own hands. You can signup now or anytime during the contest. Regardless, you will be given $1000 to bet on matches as you see fit. If at any time you fall below $1000, you can bet up to $1000 but beware you can enter the negatives. The user with the most money at the end will be crowned the winner and receive a game of their choice (within reason) courtesy of your host (unless I win, then the prize will go to the runner-up). Basically this works like sports betting with spreads, if you're familiar with that. Here's an example line: Dante (-40) vs Cuphead If you bet on Dante, he would have to beat Cuphead by 40%, meaning he'd have to get at least 70% of the vote (70-30 = 40). If you bet on Cuphead (+40) he needs to score at least 30.01% of the vote (69.99 - 30.01 = 39.98) to keep the difference in percentage, or spread, within 40. So someone with $1000 bets $500 on Dante Dante 73.12% Cuphead 26.88% Dante covers! The bet is doubled and returned for a profit of $500 and the player is now at $1500 ALTERNATE UNIVERSE Dante 63.1% Cuphead 36.9% Cuphead covers! All Dante bets are lost and said player is now at $500. Even though Dante won, he didn't win by enough. New for this contest is 4-match days, so I want to introduce a parlay! For those unfamiliar, you can earn more by combining your bets, but if one is wrong you lose the whole thing. So let's say Dante (-40) vs Cuphead Chloe (+20) vs Lightning If you bet $100 on each of these and win, you double both bets for a total of $400 (for a profit of $200) however if you parlay and both win you will get x3.5. So you win $350 minus the original bet of $100 for a profit of $250. However, if either match is wrong you lose the entire bet. 3 and 4 match parlays will give higher payouts, but you risk losing it all if any match in the parlay is wrong. You can choose any combination of parlays and single bets you want. I'm open to suggestions about this. I will use all sources available to set the lines (x-stats, oracle, crew analysis, etc.) but if anyone wants to help with that I'd appreciate it! I think that's about it but if I forgot anything feel free to ask or chime in. Hope we can get a lot of participants! --- MZero, to the extreme "2017 Guru champ BKSheikah is racist against cute Pokemon." - Luster</quote> ... Copied to Clipboard!
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